Developments in southwest valley rise after years of delays and defaults – VEGAS INC

When Las Vegas’ construction industry was white hot last decade, few places grew as fast as the southwest valley.

Buoyed by new freeway access and Wall Street’s easy money, investors flipped land for profit and built subdivisions, strip malls, office buildings and hospitals, with even more plans for an area that years earlier was largely open desert. But business plunged with the recession.

Today, as the economy improves, few places are getting as much action. Developers are building or planning to construct apartment complexes, industrial properties, big-box retail and single-family homes around the 215 Beltway between Interstate 15 and Flamingo Road.